Typical work day in PE? What do you actually do, how much are you staffed on?
Typical work day in PE? What do you actually do, how much are you staffed on? How to manage yourself to prevent burnout? Are the requests more meaningful than formatting changes at 3/4am?
Depends, usually split between the latest 1st round opportunity that comes across, which'll include banging out a model and some other supporting analyses / IC write up. These typically aren't crazy heavy lifts until you get the nod to the Second round, 2nd rounds are a grind. basically spend a month going through every doc in the VDR, summarizing/cutting up the data to further inform model/valuation assumptions etc, going through every contract/document and understanding potential risks involved - we get pretty nitty gritty. On the portco side a typical request I can get on a random day are cash forecast / budget projections and updates, working with tax guys on Year end stuff, getting insurance quotes etc. Occasional macro market analyses we do to help stay up to date on shit. 9-5 usually is pretty filled up with random weekly portco calls, consultant calls, etc. which gets annoying when you have a bunch of work to do. But yeah the random midnight requests are nonexistent, still work late but everything is meaningful, there is some bs like investor quarterly update decks and random dumbass LP requests which can get real annoying.
As someone who is currently in corp dev I would add that this is largely the same in CD too (excl. the portco requests) just switch out "IC" and "LPs" with "execs/board/ops team"
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